Forward-thinking technocrats from the Harold council have announced their intention for the village to move into the cutting-edge world of internet virtual finance by ‘minting’ the district’s first and only Bitcoin.
Bitcoins are a relatively new financial phenomenon, and are created when computers solve a complicated mathematical problem. The resultant binary data lives only on the internet, but can actually be converted into real cash on the money exchanges. The “coin”‘s emergence has created a new currency which is only used by sophisticated computer experts, and has no real existence in the physical world.
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